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| Bank chief says Europe’s highest inflation rate no cause for concern |
| Prag, 19.06.2020 |
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The Czech Republic currently has the highest inflation rate in the entire European Union, with foodstuffs among the items that are shooting up in price. However, the governor of the central bank says the level of inflation is not a major cause for concern.
Photo: Pixabay, CC0
According to Eurostat, the Czech Republic is seeing prices increase at a faster clip than any other state in the EU. The latest figures, for April, show Czech inflation at 3.3 percent. The Czech Statistics Office puts the rate at 3.2 percent.
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